Below are Measures of Money Supply in Ghana from 1997 to 2004. Using data from Bank of Ghana Website or other sources, update the Table by provided the relevant figures from 2005 to 2018. currency outside banks demand deposits narrow money(M1) saving & broad money broad money* C D M1 time dep M2 M2+ Year (a) (b) (c) = (a) + (b) (d) (e) = (c) +(d) (f) 1997 981.80 738.90 1,765.70 832.80 2,598.50 3,318.80 1998 1,083.60 986.30 2,069.90 1,161.40 3,231.30 3,903.80 1999 1,186.10 943.00 2,129.10 1,433.60 3,562.70 4,533.20 2000 1,739.10 867.70 2,606.80 1,788.40 4,395.20 6,338.40 2003 6,338 5,035 11,373.00 5,225.00 16,598.00 21,179 2004 7,303 7,300 14,603.00 6,400.00 21,003.00 26,686 Quasi-Money = Savings deposits + Time deposits + Certificates of deposit Broad Money* = M2 plus Foreign currency deposits Note. Both M2 and M2+ are called broad money
Below are Measures of Money Supply in Ghana from 1997 to 2004. Using data from Bank of Ghana Website or other sources, update the Table by provided the relevant figures from 2005 to 2018. currency outside banks demand deposits narrow money(M1) saving & broad money broad money* C D M1 time dep M2 M2+ Year (a) (b) (c) = (a) + (b) (d) (e) = (c) +(d) (f) 1997 981.80 738.90 1,765.70 832.80 2,598.50 3,318.80 1998 1,083.60 986.30 2,069.90 1,161.40 3,231.30 3,903.80 1999 1,186.10 943.00 2,129.10 1,433.60 3,562.70 4,533.20 2000 1,739.10 867.70 2,606.80 1,788.40 4,395.20 6,338.40 2003 6,338 5,035 11,373.00 5,225.00 16,598.00 21,179 2004 7,303 7,300 14,603.00 6,400.00 21,003.00 26,686 Quasi-Money = Savings deposits + Time deposits + Certificates of deposit Broad Money* = M2 plus Foreign currency deposits Note. Both M2 and M2+ are called broad money
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Below are Measures of Money Supply in Ghana from 1997 to 2004. Using data from
Bank of Ghana Website or other sources, update the Table by provided the relevant
figures from 2005 to 2018.
| currency outside banks | demand deposits | narrow money(M1) | saving & | broad money | broad money* | |
| C | D | M1 | time dep | M2 | M2+ | |
| Year | (a) | (b) | (c) = (a) + (b) | (d) | (e) = (c) +(d) | (f) |
|
1997 |
981.80 | 738.90 | 1,765.70 | 832.80 | 2,598.50 | 3,318.80 |
| 1998 | 1,083.60 | 986.30 | 2,069.90 | 1,161.40 | 3,231.30 | 3,903.80 |
| 1999 | 1,186.10 | 943.00 | 2,129.10 | 1,433.60 | 3,562.70 | 4,533.20 |
| 2000 | 1,739.10 | 867.70 | 2,606.80 | 1,788.40 | 4,395.20 | 6,338.40 |
| 2003 | 6,338 | 5,035 | 11,373.00 | 5,225.00 | 16,598.00 | 21,179 |
| 2004 | 7,303 | 7,300 | 14,603.00 | 6,400.00 | 21,003.00 | 26,686 |
Quasi-Money = Savings deposits + Time deposits + Certificates of deposit
Broad Money* = M2 plus Foreign currency deposits
Note. Both M2 and M2+ are called broad money
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